Tested across three full tax seasons. Here is the honest verdict on Koinly — what it does brilliantly, its limitations, and whether it is worth the price.
Free portfolio tracking · No credit card required · Paid plans from $49/year
Koinly earns an 8.8/10 in 2026. It is the strongest all-round crypto tax software for individual traders — particularly those with multiple exchanges, wallets, and DeFi activity across different chains. After three full tax seasons of testing (connecting Binance, Bybit, Coinbase, and MetaMask), the platform consistently delivers accurate reports with less manual cleanup than any comparable tool.
Koinly's standout strengths: 850+ integrations cover essentially every platform users actually use; automatic DeFi and staking categorization handles most modern crypto activity; CPA access is genuinely useful for accountant collaboration; and the pricing model (per tax year, not monthly) is honest and well-suited to how people actually use tax software. Main limitations: complex multi-hop DeFi activity still requires manual review; Solana NFT support lags behind EVM chains; and costs can add up for high-volume traders needing multiple prior-year reports.
From import to IRS-ready reports — Koinly handles the complexity of crypto tax automatically.
Koinly charges per tax year, not monthly. All plans include the same features — only transaction limits differ.
Connect your exchanges and wallets, let Koinly calculate everything, then download your tax reports.
Import all your transactions on the free plan first. See how many transactions Koinly counts and which plan you need before paying.
If you have significant DeFi or NFT activity, review the flagged transactions before purchasing. Complex DeFi may require more manual work than expected.
Check your transaction count in Koinly\'s dashboard. The Trader plan ($179, 3,000 txns) covers most active traders. Heavy DeFi users often have fewer Koinly-counted transactions than raw exchange records suggest.
If you work with an accountant, invite them via Koinly\'s CPA access feature. Eliminates spreadsheet exports entirely.
If you need multiple prior-year reports, factor in the cost — each tax year requires a separate plan purchase.
Import your transactions, let Koinly calculate your gains and losses, and download your tax reports in minutes.
Try Koinly Free →Free portfolio tracking · No credit card to start · Plans from $49/tax year
"Tested Koinly on behalf of several clients. The Form 8949 output is accurate and well-formatted. The CPA access feature saves significant back-and-forth — I can review everything directly. Recommending to all my crypto clients."
"Solid platform. The DeFi categorization is 80% automatic for me, which still leaves meaningful manual work for my 400+ DeFi transactions. But compared to doing it all manually, still saves hours."
"First time filing crypto taxes. Koinly walked me through everything. Connected Coinbase and MetaMask in 10 minutes. The preview showed me my gains before I paid. Exactly what a beginner needs."
850+ integrations, 100+ countries, IRS Form 8949, HMRC reports, DeFi, NFTs, staking — Koinly handles it all.
Get Started Free →No credit card required to start